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Search Results 0 to 49 of about 81 (some duplicates have been removed)
some in detroit say they deserve for helping reelect their commander-in-chief. the city on the brink of financial collapse and will soon lay off thousands of city workers to pay off bills. the total outstanding debt is more than a billion dollars. that is according to moody's investor services. joann watson, city councilmember, her comments are sparking controversy. she claims the president owes the city another bailout because they voted them into office. >> he went to washington dc and he came back home with some bacon. that is what you do. that is what you do. are people overwhelmingly supported him in the election. not just that, but why not? gerri: quid pro quo, bring home the bacon. very controversial. we are going to have one out in just a moment. but first, it could be a day of reckoning lawmakers in michigan considering changing the status to a right to work state, giving workers the freedom to opt out of paying union dues. we have the labor policy director for the mackinac center for labor policy. tell me what it is you're trying to do with this legislation. >> there are ru
been down 30%. the outlook below the estimates. david: let's talk about citi unfortunately because they cut so many workers. their stocks taking off. nicole: leading the dow financials really well today. david: we will talk about all the financials coming up but let's take a look at the general indices with the bells ringing on wall street. we got kind of a split decision. you have to remember the negative on the nasdaq is primarily from one stock, apple getting killed pulling down the entire index. when you spent much of a divergence in what is happening on the nasdaq, there is something with one or two stocks in this case a lot of it has to do with what happened to apple and at the end of the day trading down 7%, a huge loss for apple. liz: apple has an 18% waning. if they continue their slide, looking ahead about 1% today, but if apple continues a pretty dramatic slide, watch this etf, you could suffer bigger losses. david: nicole talk about bank of america. seeing a bump topping $10, the first time that's happened since july 2011. whether it is directly related to what happened
the peninsula and: easy drive time. 23 minutes out of the bottle into the city. >> overnight we had a strong earthquake in the northeastern part of japan. it was a 7.3 earthquake and the same area where we had a 9.0 earthquake years ago that killed 2000 people with the following tsunami. this earthquake took place around 518 local time around midnight in san francisco. 2 mi. off the japanese coast and was followed by many aftershocks were 1/6 point to a 5.0 and several romney for mark. here is a video from tokyo as several hundred miles away buildings swayed for several minutes. no reports of major damage. there was a tsunami warning issued and a small tsunami did it. it was three to 4 ft. high. they're watching the after shocks after the 7.3 earthquake on to the japanese coast. >> a man fell from the upper deck of the coliseum last night at the raiders' game. will tran is joining us with the details. good morning well >> good morning darya. it happened shortly after takeoff and he fell from the upper deck to the lower concourse. that is approximately 30 ft.. it is amazing he survived. the a
your window. we will see a little bit of a chance of rain in the pacific north west. salt lake city, utah, a chance of showers. 49. boston again, very cold afternoon. people in the northeast, you know, we kind of get spoiled with the warm temps. this morning is reality. >> yeah, exactly. we knew it was coming. it's december. we'll take it. bill, thanks so much. >>> there's some good news in the fight against cancer and that cup of starbucks may be a little more difficult to find. plus, john mcafee is finally in custody. what did he know about the death of his neighbor. why was he fleeing police for three weeks. this is "early today" on nbc. >>> welcome back. stories making news this morning. "the new york times" reports that the u.s. secretly gave its blessing to armed shipments to rebel groups in libya during the fight against moammar gadhafi, but officials became alarmed that some of the weapons sent from qatar may have been turned over to islamic militants. >>> a new congressional report shows waistful spending of tax money that was intended for counter terrorism purposes. some o
or does the company still have room to run? >>> and city, the big slash. knife coming down on 1,000 jobs. the cfo is set to speak about the shake-up right now and we will have the very latest on this very widely held stock which has been moving higher tod today. >>> we have a rally on our hands despite some downward pressure in apple. two of the biggest names in the most widely held stocks around, citi and apple topping the news this hour. headlines aren't good. apple right now is down about 4%. back in bear market territory, down 22% from their historic intraday high of $705 set back in september. right now shares are trading at $551.33. bob pisani joins me on the floor of the nyse. it started with this idc report citing the fact that they would lose their dominance in the tablet market in probably the next couple of years, and then the margin requirement story. >> it is a little complicated. i just want to address this issue first of the rally that we've got because i think that is sort of what's moving the overall market. there is some vague talk in washington that there may be some r
in a midwest city with no major rivers or lakes nearby. former republican senator allen simpson has a message, use the tools to sign up people for the can kicks back campaign to avoid the fiscal cliff and cut the national debt. the 81-year-old simpson went "gangnam style" to make his point. ♪ >> i have a bum knee. horse, horse. ride the horse. >> senator, thank you for that. and that's your morning dish of "scrambled politics." and now for a look at your national weather, let's turn to bill karins. he has your weather channel forecast. >> the best part is the underwater robot for a place that doesn't have water. >> maybe it's a pool. >> yes. >> and they need to inspect it. >> counter-terrorism measures in the backyard. you never know. good morning, everyone. getting out the door this morning, it's very cold up in new england. tell you what, the lack of snow is really becoming a slightly alarming especially if you have any interest in snowy weather recreation or skiing or ice skating or maybe you like to go snowmobiling. the northern half of the country is sparse. 7% of the country has snow
was an accident. >> police in foster city are advising residents to secure their vehicles after nine separate all burglaries were reported this week. officers responded to as many as eight break-ins that occurred sometime between monday night and tuesday morning. the right car break-in was reported wednesday. most of these break into happen along shale boulevard and emerald bay lane. officers say that bart his prey on lot of vehicles or broke windows to gain entry. items like cars, electronics, gps devices and other items that were left within you were stolen. residents are reminded to keep all valuable items didn't add to keep their car doors locked. >> high and women's shoes, worth more than $10,000 or stolen out of a car in san francisco's mission district. l-l-x-l-l-s q our home made in italy. and range in price from $120 to launch a $85. the all my when issues coverages lost in july as specializes in plus size 1 shoes. on monday 57 june was stolen out of the trunk of the company's representatives car. 19th and valencia streets. >> the broken the truck area when i returned the truck was locke
by a federal monitor. the city has agreed to surrender some control of the opd. cbs 5 reporter da lin on those who say it will now be harder to fight crime. >> that agreement in my opinion is going to be absolutely worse for the oakland police department to be able to function. >> reporter: oakland mayor jean quan and police chief howard jordan did not want to talk about the partial federal takeover. but councilman ignacio de la fuente says the arrangement creates too many restrictions on police officers to fight crime. >> police got have the ability to use what they learn in order to identify people before they commit crimes. >> reporter: the compliance director would be able to punish and fire the police chief and the command staff. civil rights attorney john burris says that person is basically the chief of the police chief. >> this is a game changer in many ways, and so it should be felt all the way down to the officers on the street. >> reporter: burris insists the compliance director will not direct officers on how to did is -- on how to do their jobs on a daily basis. they would help op
but this is the first pedestrian fatality in recent memory. >> police in foster city are bison residence to secure their vehicles after nine separate auto burglaries were reported this week. the ninth car break-in was reported wednesday. most of these break-ins happened along shale boulevard and emerald bay lane. officers say that burglar prevailed on unlocking vehicles or broke windows to gain entry. items like purses, electronics, gps devices and other items that were left with in view were stolen. residents are reminded to keep all their valuable items out of view. and to keep their car doors locked all times. -what's up? i'm chris. -and i'm erik. both: we're the fruit guys! back in 1998, we had this idea to deliver fresh fruit to offices in downtown san francisco. we built these wooden crates, filled these with fruit in my one-bedroom apartment. the fruit guys has been with bank of america since they first started. we work with them to help them grow and succeed. we're coming up on 50 employees and delivering to thousands of companies every week. i would definitely say this is a fruitful busin
rattled nerves. >> the quake did touch off a 3- foot high tsunami at a coastal city. there were no monster waves and there have been numerous aftershocks including one measuring 6.2. >>> the latest from oakland, a man at the see yum last night -- at the coliseum last night at the game fell 30 feet down. he was seriously hurt. christien kafton is live with more. what do you know? >> reporter: well, we know there are a lot of questions about what happened. sometime right around kickoff at last night's game, a man either fell or jumped from the third-level concourse. you can see just how high the fall would be. the man either fell or -- about 30, 50 feet. he fell last night during the raiders/broncos' game. there are conflicting reports whether the fan fell accidentally or whether -- or whether he jumped. it's a very long drop and say incidents like this have happened at the coliseum or other places in the -- places in the country. >> i've heard about that happening. if you are not paying attention, you can fall and unfortunately, he fell yesterday. >> reporter: the workers took him to highla
for by the city. cbs 5 insider phil matier says both sides can claim a partial victory. >> the plaintiffs will now have someone within the department answerable to the court to make sure that changes are made. most importantly, what they avoid is a complete federal takeover something that would be an embarrassment for the city and could also lead to a judge telling them that they don't have enough cops and ordering them to hire more. >> according to the "oakland tribune," oakland will be the city in the nation -- the first city in the nation to have its police command staff under the authority of a court-appointed director. >>> san francisco supervisors are considering a pilot program to allow some police officers to carry tasers. the board committee meets about that this morning. the coalition on homelessness plans to protest though. it says the introduction of tasers increased deaths at the hands of officers. >>> some other bay area headlines now on this thursday. candles and flowers sit at the site where a bicyclist was gunned down near a berkeley school yesterday. family and friends believe th
toward really slimming down citi by the new ceo. he has a quote in here saying these actions are logical next steps in citi's transformation and says they're committed to strategy that continues to leverage in the global banking market. if you go through the list of where these jobs are actually coming from, institutional clients group which is investment banking a quarter of the job cuts are going to come from there. my 2013 predictions i said that group would slim down by half. interesting that they are cutting a big chunk of that group. global consumer banking is responsible for 35% of the cuts and then going on through the other business lines like citi holdings, those are responsible for smaller portion of those jobs. citi getting smaller. a billion dollars going to be the pretax charge in the fourth quarter of next year. 11,000 jobs a big move from the new ceo over there. carl? >> all right. thank you very much, kayla. we're reading through the release right now ourselves. big strategic move. >> how many people work at this bank? i feel like they've been firing forever. citi did no
identify city not being released until his next of skin notified. police are looking for anyone who saw anything. police say it's disappointing that the driver acted so callous. >> it's sad that we have to -- you know, you have to obey the laws when you cross the street. obey the laws. >> reporter: we don't know if. victim was jaywalking or -- we don't know if the victim was jaywalking or was on the sidewalk. the speed limit on the road here is 40 miles an hour. we're waiting for a call back from police to see if they can tell us how fast the suspect vehicle was going. reporting live from san jose, janine de la vega, ktvu channel 2 news. >>> 7:05. well, the chp will give us new details about the suspects arrested in connection with robberies at the carquinez bridge tollbooths. ktvu news broke this story back in february. at least two toll takers have been robbed on the bridge. the chp said they will announce more information later today. >>> this the rain is finally -- has finally cleared out of the bay area. there's still a lot of cleanup to do including in la fayette. city leaders hav
, that was from a detroit city council member. detroit runs out of money very soon, this is a call, publicly, for an obama bailout. so, who is next? california, illinois, good question. raise tax rates on the rich or no deal. yeah, the line has been drawn again. president obama says america is poised to take off, but only if the republicans agree to tax the rich directly. he will only accept higher tax rates. how will speaker boehner respond to that? he speaks within the hour. and how about this, top anchors at a news network visit the white house for a cozy chat with the president. tell us, mr. president, how can we sell your tax the rich policy? citigroup, 11,000 jobs gone. "varney & company" about to begin. having you shipy gifts couldn't be easier. well, having a ton of locations doesn't hurt. and a santa to boot! [ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry about that. [ me announcer ] break from e holiday stress fedex office. >> we'll begin with sad news. dame elizabeth mother of news corporation chairman and chief executive rupert murdoch died at age 103. news po
news from citi the beginning of other companies doing the same? suzanne pratt reports. >> reporter: 11,000 jobs are a lot of layoffs, even for a bank as huge as citi. and there could be more. that's because the monster firm is still struggling to recover from the great recession even though it has fired a lot of other workers in the last few years. the thing is, citi has a new c.e.o. in michael corbat, and experts say he's anxious to make his mark, even if that includes cutting staff. and the need to slim down is not ique to citi; it's indtry- wide. a financial industry runs into huge problems. it happened in the '30s, and it happened in the last five years. when you go through these periods, you go through a lot of change. that industry is now trying to figure out what is the right size of the industry. >> reporter: still, economists say citi's action today is not the start of a new wave of mass layoffs across corporate america. the nation's job market may not be robust, but it's not frozen, either. in fact, today, the payroll firm a.d.p. reported 118,000 new private sector jobs were
checking with the c h p and no incidences to report with 22 minutes from the novat into the city. >> the storm in the bay area yesterday caused major delays at s-f-o...the f-a-a was reporting delays on arriving and departing flights at around three hours.. this morning there are no delays out of san francisco international this morning. we'll be keeping an eye on delays out of s-f-o, if any, all morning here on the kron four morning news. >> a sinkhole in the east bay is now even larger than it was when it first collapsed. it happened sunday.. along mountain view road in lafayette. city officials say, a storm drain under the road here, failed.. opening this enormous hole. they widened the hole by 10 feet to place fabric support then boulders on top. officials fear soil errosion could push up the stream and push the creek... possibly leading to flooding of nearby homes when another storm hits. the road could be closed for the entire winter, as crews figure out a plan to replace the drain. >> the rain soaked ground .... means more trees are taking the fall. in richmond.. c
. in the city of alexandria, there have been more violent clashes between president morsei's opponents and his supporters. the president's opponents are demanding that he immediately gives up all of the sweeping new powers that he gave himself two weeks ago. they also want him to postpone a referendum on egypt's new constitution, due to take place in just over a week. critics say that constitution doesn't protect the rights of all egyptians. but president morsi didn't do either of those things last night. instead he offered to give up just one of his new powers, vaguely worded right to take all necessary measures to affect the country. he said he would give up the other powers once the referendum had taken place. also yesterday, president obama telephoned president morsi to express his deep concern over the violence and deaths that have occurred. he also urged president morsi to have a dialogue with the opposition without any preconditions. for "cbs this morning," holly williams, cairo. >>> in syria this morning, rebel troops declared the airport in damascus to be a fair target, warning civili
without tax rate increases. melissa: 11,000 now out of work at citi. slashing jobs taking a billion dollars charge as it repositioned oppositions. charlie gasparino tells us it is even more cuts are on the way. lori: new warnings and ethanol blended gasoline. joining us on whether you should be worried about what you put into your gas tank. let's get up to speed, back the floor of the new york stock exchange and nicole petallides. economic data on the service industry. nicole: looking good, lori and melissa. up 125 points. after two days of selling we are seeing some market action to the upside. we are above the 13,000 mark, well above that. 13,076. the nasdaq squeezing it out. concern for apple, but financials are doing well. let's take a look at the group. laying off 11,000 workers, that is the plan. a new ceo in place and he wants to make his mark. up 6.5%. it is under pressure, nowhere near $700 for the all-time high in september. the latest findings other actually going to use the market share for the ipad to the android in some microsoft folks, they're facing intense competiti
that rebels surround the city of damascus which has been an assad stronghold. secretary of state hillary clinton says that bash ar al assad is assad-of- could use chemical weapons to hold on to power and told cbs news, not clear she can negotiate an exit pnd tends to recognize the syrian opposition as the representative of the syrian people next week. that could start to pave the way for them to create a new government. >> very interesting. margaret brennan, thank you noor. >>> in washington this morning, just 26 days left before the fiscal cliff deadline. president obama spoke on the phone with house speaker john boehner on wednesday while his treasury secretary said the white house is, in fact, ready to go straight over the fiscal cliff. major garrett is at the white house. major, good morning. >> reporter: good morning, norah and charlie. later on this afternoon the president will travel across the potomac river to northern virginia to meet a middle-class family to make the self-evident point if the there is a deal and taxes are raised by about $2,000 they'll be
city leaders agree on a new league could contribute up to 200- million dollars in funding. they are dealing with the denver broncos. kron-4's j-r stone is live at the oakland coliseum with more on this game between rivals.. j. r.? >> pam, what roger godell said is it that could be some of the best news from a raider nation this game is nothing short of a potentially ugly. the raiders fans are leaving but they are getting beaten very badly. is a tough night. however, what a fun day. >> talk about a party, the tail gate thursday means dancing in dressing the part. >> i am all metal. , i also see a lot of leather. >> and i do not know how to expect or describe that. flat out raiders for this deli. >> i think that i deserve a free ticket said. >> you show your belly and you should get free tickets? >> yes. >> i do not think that will happen. >> with shouting, drinking and this could be eating. >> deep fried oreo... deep- fried shrimp. >> this is good. at this is really good. >> and the scallop certainly hit a spot as well. the best to allocate a meal out here? >> absolutely, t
that touched down in the new zealand city of auckland. these people were up close and personal as huge blasts the wind, heavy rain, as well as flying debris tore through the nation's largest city. the storm killed three people and forced hundreds from their homes. it's the deadliest tornado to hit there in more than 60 years. >>> we're getting a better idea this morning of how costly the damage from hurricane sandy is for the east coast. new jersey governor chris christie says superstorm sandy caused $37 billion in damages to his state. christie was in washington, making stops at the white house and capitol hill, asking lawmakers for an additional $83 billion in his state as well as new york and connecticut. today we'll learn the fate of a tour bus driver for a crash that killed 15 passengers. the jury will announce a verdict for williams today, who's accused of running a bus off the road and striking a pole in new york city in 2011. he's pled not guilty to manslaughter, claiming a tractor-trailer cut him off. prosecutors say he was tired and may have fallen asleep. if convicted, he faces 15
, wxyt talk radio. okay, doc, as i understand it you tell me if i'm wrong. about 11,000 detroit city workers and mayor bing is cutting 4 to 500. i'm not impressed with that. i think he should be cutting 20% of the workforce, not 5%. >> no, you're absolutely right, larry. the problem is they're still playing catch up. year after year they're like we got to run to catch up with it instead of coming out and getting in front of it. the city has shrunk in population. it makes sense. we have to shrink all those government workers. it's not that we don't want certain services, it's just what you have to do. we do it in our personal life or are supposed to. >> those unions don't want it. we saw the clip when this story first came up that gal on the city council said detroit delivered for barack obama in the election, he should now bring home the bacon for detroit. the unions don't want it. the media don't want it. i'm not sure if dave bing who was a great basketball player, maybe not such a hot mayor. this thing has to go under a financial control board, doc. you know that. they're incapable
online. we're ready to help. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. >>> welcome back, everybody. we're talking with former british prime minister tony blair. he's also a representative with the quartet on the middle east. it's nice to have you with us. let's talk a little bit about syria. hillary clinton had a statement out yesterday. she's in the czech republic, and she said this. i'm not going to telegraph in any specifics what we would do in the event there's credible evidence that the assad regime has resorted to using chemical weapons against their own people, but suffice it to say we are certainly planning to take action if that eventuality were to occur. fi
:20. and the outlook for u.s. credit market appears less rose city. we'll speak to a moody's analyst that says high duration credit could be badly exposed. the european central bank is announcing either monetary policy decisions later today. economists expect ecb to stay pat on rates. its revised down its forecasts in 2013. hot on the heels from her stint in brusselss, silvia has moved back to frankfurt and the ecb headquarters. how more pessimistic might they be today in their forecasts. >> that's the big question. if they get too clee to the zero for the forecast next year, anything below let's say 0.4, 0.3 would be considered a little bit more bearish and that would of course increase the chances or risks whatever you want to look at it for further rate cut somewhere down the pike early next year, maybe january or february. the consensus for today is as you said no change on rates. remember a month ago, there were many calling for rate cut this month, but that seems to have receded right now. maybe also because the data we see out of the eurozone is rather mixed. everybody quite agrees that foir
. >> mark, quickly. >> we are underweight financials. we've moved to more of a neutral weight. citi is one of the names we're overweight. it's a shame for the folks who have lost their job, but it's a nice move today. >> 7.5%. bank of america, 6%. thanks, guys. >> thank you very much. see you later. as a matter of fact, the financials are leading us higher. we're near the highs of the session right now with about 50 minutes left. the dow up 124 points. >> pretty good move. if you can own only one stock in 2013, which one would make you the most money? top fund managers were asked that question. we have their answers. we have names coming up. stay with us. >> get pencil to paper. >>> also ahead, the art of negotiation. we're going to hear from somebody who says a deal on the fiscal cliff could have already been reached if only lawmakers took a page out of wall street's deal making strategy of keeping things behind closed doors. where have we heard that before? >>> plus, secretary tim geithner with us exclusively. will the white house let our economy go over the fiscal cliff if a deal on hig
detroit bankrupt city government, too. this sure isn't the free market, and i asked why should a texas taxpayer bail out detroit? >>> breaking news from syria, and it is a blockbuster. the assad regime is walking and loading its chemical weapons, ready to use them on its own people. nbc's chief pentagon correspondent joins us now. jim, is this the red line president obama was warning about? >> well, not quite yet. u.s. officials tell us that the syrian military is poised to use chemical weapons against their own people, and all it would take really is the final order from syrian president assad. but we have learned that as of today, all the precursored chemicals for that deadly nerve gas have in fact now been loaded on to aerial bombs, but those bombs are still in the depots. they haven't been loaded on to airplanes yet, and president assad hasn't given the order. but they're pretty close, larry, and that's why earlier this week, of course, president obama issued a very strong statement aimed at president assad saying look, if you use these weapons against your people, there will be se
come back to you. thank you for us in cairo. >>> back here at home, marking a tragedy in kansas city. family, friends saying good-bye today at the funeral for kasandra perkins. her boyfriend kansas chief players, remembered her boyfriend, jovan belcher. news about their little girl. that's coming up. who thinks two is better than one? so all of you do. yes, for sure. now what's better? being able to shoot two lasers out of both of your eyes at the same time or just one laser out of one eye? [ all kids ] two! [ moderator ] okay, why? if it's just one beam -- okay, it does a little bit of damage. two beams -- it will make something explode! and that's more fun? yeah! and it's more powerful you're saying? yeah! [ male announcer ] it's not complicated. doing two things at once is better. and only at&t's network lets you talk and surf on your iphone 5. ♪ i've got a nice long life ahead. big plans. so when i found out medicare doesn't pay all my medical expenses, i got a medicare supplement insurance plan. [ male announcer ] if you're eligible for medicare, you may know it only covers ab
in the twin city, dallas looking beautiful with 72 degrees. out west, looks like all of the moisture will be limited to parts of the made civic northwest. high mountain, cascades. snow could be over a foot 7,000 feet and up. ski country, fantastic. so that's certainly the good news in that part of the world. in term of your air travel, backups are possible in chicago. rain is the issue. low clouds, too, limiting visibility. but minneapolis, new york, miami, miami is misspelled. i'll stand in front of that. miami and seattle, you can see just minor delays there. let's send it back to you. >> good job, reynolds blocking maimi. >> if you could talk to someone about snow in the rocky, would you? >> are you going up? >> eventually. >> steamboat springs will see over a foot of snow between now and sunday. >> that's good start. but we didn't know anything about january or february? >> not yet. >> if you get a chance to hit those maps to move stuff over the rocky, if you could. >> we'll do what we can. >> in squawk sports new, are the broncos made their eighth straight victory look easy last
. [ male announcer ] it's that time of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. your mouth has been snacking, gift stacking, nutcracking and yellowing. because if you're not whitening, you're yellowing. crest whitestrips remove over 10 years of stains, just in time for a white holiday. crest 3d white whitestrips. at chevy's year-end event, we have 11 vehicles that offer an epa-estimated 30 mpg highway or better. yeah? hey. hey. where's your suit? oh, it's casual friday. oh. [ male announcer ] chevy's giving more. this holiday season, get a 2013 malibu ls for around $199 per month, or get $1,000 holiday bonus cash. [ all kids ] faster! ok, what's fast? um, my m
actually got a toaster oven when i opened an account with citi in 1978. never did a stitch of business with them. still have the toaster oven. >> you bought trousers and went to -- >> in my dad's oldsmobile. >> which states are likely to feel the most pain if america falls off the cliff? up next, cramer's six stocks in 60 seconds. back in a moment. americans believe they should be in charge of their own future. how they'll live tomorrow. for more than 116 years, ameriprise financial has worked for their clients' futures. helping millions of americans retire on their terms. when they want. where they want. doing what they want. ameriprise. the strength of a leader in retirement planning. the heart of 10,000 advisors working with you one-to-one. together for your future. ♪ wanted to provide better employee benefits while balancing the company's bottom line, their very first word was... [ to the tune of "lullaby and good night" ] ♪ af-lac ♪ aflac [ male announcer ] find out more at... [ duck ] aflac! [ male announcer.forbusi. [ yawning sound ] >> let's check in with simon hobbs to s
to tell her story. in carson city. >> he is one of the toughest law men in the west and probably the most politically polarizing. some san francisco students made that clear when they wrote to sheriff joe about his hard line immigration stance. he planned to answer them in person today but that never happened. cbs 5 recorder linda yee asked the questions instead. >> reporter: he's america's toughest sheriff. joe admits he courts controversy. >> welcome to san francisco. >> reporter: he got a dose of that when drag queens invaded his dinner party. the sheriff is in town for a convention. he hoped to reach out to eighth graders at a middle school who sent him letters. students wrote in spanish their disagreement with his fight against illegal immigrants and his tent prisons in the desert sun. >> they called may racist. i just wanted to meet with the kids and tell them the truth. >> reporter: he had to set the set the kids straight but the district canceled the meeting. the rep said she was too busy but denied there ever was a meeting. the sheriff defends arizona law that allows his deputies
crisis, nine cities in alameda and contra costa counties. >>> the man considered to be the toughest sheriff in america is in san francisco trying to figure out whether students at a local middle school sent him hate mail. sheriff joe arpaio tried to clear it up. >> reporter: joe arpaio now is known as the toughest sheriff in america also as the most controversial sheriff in america. this morning he might qualify as the most frustrated sheriff in america. others exhibit adult quality penmanship but the words all in spanish allegedly from students in a middle school sent to the sheriff, designed to hurt. >> then they said i have concentration camps with my tent city i put up 20 years ago. then i'm a racist. and i break up families and just go after brown people. >> reporter: he has a national reputation for aggressive enforcement of illegal immigration laws. he figured since he was coming to town he offered to come out to the middle school and talk to the students or at least the teachers or the principal. >> i'm concerned about parents given the wrong message to their kids even teach
bay the housing crisis, nine cities in alameda and contra costa counties. >>> the man considered to be the toughest sheriff in america is in san francisco trying to figure out whether students at a local middle school sent him hate mail. sheriff joe arpaio tried to clear it up. >> reporter: joe arpaio now is known as the toughest sheriff in america also as the most controversial sheriff in america. this morning he might qualify as the most frustrated sheriff in america. others exhibit adult quality penmanship but the words all in spanish allegedly from students in a middle school sent to the sheriff, designed to hurt. >> then they said i have concentration camps with my tent city i put up 20 years ago. then i'm a racist. and i break up families and just go after brown people. >> reporter: he has a national reputation for aggressive enforcement of illegal immigration laws. he figured since he was coming to town he offered to come out to the middle school and talk to the students or at least the teachers or the principal. >> i'm concerned about parents given the wrong message to th
about particularly solar city is one of the more fascinating ones coming out. solar panels installers, not a makers fell in a lot of analysts are looking at that one. these are five deals left in the last couple weeks we have going on. audio oncology, ppg energy, silver bay realty. five names. which one sticks out to you? >> one of those five price and traded the day up 30%, that is western gas so we're left with four. we think the solar city deal with controversial. not just an installer but a finance company. difficult to understand and evaluate the risk of this company. we would say it is high risk deal. we would be focusing more on the energy deals and refiner in the pipeline. that is a company called pbs. they own refineries. a good segment. they pay dividend yields. we highlight that in the silver city which is. cheryl: energy and realty but not closely. very interesting what you are saying. look at wireless. >> an interesting one. we thought highly of the company, many investors did. in place of ipo on top of a range traded down 18%. it was an ipo disaster. today is trading 15%
to fuel america for generations to come. our commitment has never been stronger. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. to provide a better benefits package... oahhh! [ male announcer ] it made a big splash with the employees. [ duck yelling ] [ male announcer ] find out more at... [ duck ] aflac! [ male announcer ] ...forbusiness.com. ♪ ha ha! [ticking] >> when steve jobs returned to apple in 1997, the company had just 5% of the computer market and was almost broke. when jobs died of cancer 14 years later, apple was the second most valuable corporation in the world. in his best-selling biography of jobs, walter isaacson writes that he revolutionized or reimagi
. >> a. severs is possible visor's no concern about the spike in self on a tablet that since the city. about scott wenner said the robbers are critical public safety problem that must be addressed. winner said he will call for a hearing of the public safety committee and ask that both texaco police chief and district attorneys also be there. nearly half of the 2300 robberies committed so far this year involve mobile and have the devices. >> traffic looks like it is moving well is dry and, now. we will be right back. welcome back to the kron 4 morning news and national news we have new census data showing a clear in sustained drop in illegal immigration. the number of illegal immigrants in the u.s. dropping to 11.1 million last year after it peaked at 12 million in 2007. but the first time since 1910 immigrants from asia are topping hispanic immigration. a legal hispanic immigration is unlikely to approach the level that we saw in the mid 2000's. >> a person has been arrested in the death of a man was pushed on to the subway tracks in new york. a 30 year-old man has been taken to custo
cholesterol and -- well that's easy [ male announcer ] progresso. you gotta taste this soup. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. military families face, we understand. at usaa, we know military life is different. we've been there. that's why every bit of financial advice we offer is geared specifically to current and former military members and their families. [ laughs ] dad! dad! [ applause ] ♪ [ male announcer ] life brings obstacles. usaa brings advice. call or visit us online. we're ready to help. who have used androgel 1%, there's big news. presenting androgel 1.62%. both are used to treat men with low testosterone. androgel 1.62% is from the makers o
this morning, oakland is now the first city in the nation to willfully surrender control of its police department to a court appointed director. the city reached a deal yesterday to avoid federal take over of the department. a 2003 lawsuit required the department to make more than 50 reforms that haven't happened. compliance director will now oversee the department that person will have power to demote staff or fire the chief. u.s. district court judge will rule whether to approve the deal next thursday. >>> the one billion dollar patent battle between the world's t two sport phone makers resumes today. -- top two sport phone makers resumes today. we'll find out what happens to the price of apple stock when the market opens in the next half hour. it fell $37 a share to close at $538 yesterday. largest single day percentage drop in four years. apple is still way up from the start of the year when it was $411. it did hit $700 at one point. if you bought then, you are looking -- >>> traffic and weather together next. san mateo bridge sparse on one side and busy on the other. sue will tell
. the regime can hang on for a while because it has troops in the city. it has ammunition and supplies and so on but it means the city will fall. it cannot stand alone. >> reporter: u.s. intelligence does not believe damascus is likely to fall right away, but ikete had an estimate. b you can feel it. you can sense it. ow looks like the regime's being defeated, not tomorrow, maybe, tt not too far off, i think. >> reporter: can you put a time frame on it? >> i'm thinking in the next couple of months. >> reporter: the syrian tvernment has vowed not to use chemical weapons against its own people, but it regards the opposition as foreign terrorists. >> pelley: david, thank you. those so-called foreign acrrorists are actually the syrian people who rose up against the 41-year-old assad family dictatorship. il's estimated 40,000 people have been killed, mostly civilians. one reason assad has held on-- he's had the support of russia, but that may be changing. in ireland today, secretary of cline hillary clinton, met with the russian foreign minister. it happened at a meeting of the coganization for se
around the center of the city, where i am. >> reporter: residents are caught in a worsening cross fire. >> people who came from areas that are being shelled, they are on the streets, many children, sometimes you see them crying, old people are sleeping on the ground. >> reporter: but nothing is this horrific war has gotten the attention of u.s. officials more than this chemical weapons threat. >> these reports may mean that the united states and our allies are facing the prospect of an imminent use of weapons of mass destruction in syria. this may be the last warning we get. >> reporter: i can tell you planning for all sorts of con tin jen sips is already well under way. but military action would not be easy. it could take upwards of 75,000 troops to secure those chemical weapons, which no one is eager to provide. but president obama, diane, has warned that using those weapons is a red line. >> on the story for us tonight, martha raddatz, thank you, martha. >>> and now, we want to tell you about another turbulent hot spot, so vital to the united states. there is a battle in the streets
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